BTS, also known as the Bangtan Boys, is a South Korean boy band formed in 2010 and debuting in 2013 under Big Hit Entertainment.

The septet—consisting of members Jin, Suga, J-Hope, RM, Jimin, V, and Jungkook—co-writes and co-produces much of their own material.

The announcement by K-pop mega band BTS that members would serve mandatory military service in South Korea has removed a cloud of uncertainty that has hung over their plans.

Investors in HYBE Co (352820.KS), BTS' management group, responded to the news by driving its shares up as much as 7.8% on Tuesday.

The relatively shorter break, after the company picked 2025 as the potential date for BTS' return as a group, also appeared to hearten the market.

Their upbeat hits and social campaigns aimed at empowering youth catapulted the band as the world's best-selling artists in 2020 and 2021.

As the biggest grossing K-pop act, some 880 billion won ($615.11 million) in sales were generated by BTS in 2021 alone, about 70% of HYBE's 1.3 trillion won revenue